Para Light Electronics Co (TPE:6226) Cyclically Adjusted Book per Share: NT$13.28 (As of Jun. 2026)

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TPE:6226 Para Light Electronics Co Ltd TPE:6226
53 GF Score
Price NT$44.20
GF Value NT$8.34
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Para Light Electronics Co Cyclically Adjusted Book per Share?

Para Light Electronics Co TPE:6226 +4.22% 53 Cyclically Adjusted Book per Share is NT$13.28 as of Jun. 2026. GuruFocus rates TPE:6226 with a GF Score™ of 53/100 and a GF Value™ of NT$8.34 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Para Light Electronics Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$10.941. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$13.28 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Para Light Electronics Co's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Para Light Electronics Co was 2.00% per year. The lowest was -1.00% per year. And the median was 1.25% per year.

As of today (2026-09-22), Para Light Electronics Co's current stock price is NT$44.20. Para Light Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$13.28. Para Light Electronics Co's Cyclically Adjusted PB Ratio of today is 3.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Para Light Electronics Co was 2.76. The lowest was 0.49. And the median was 0.81.


Para Light Electronics Co  (TPE:6226) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Para Light Electronics Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.20/13.277
=3.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Para Light Electronics Co was 2.76. The lowest was 0.49. And the median was 0.81.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Para Light Electronics Co Cyclically Adjusted Book per Share Related Terms


Para Light Electronics Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Para Light Electronics Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Para Light Electronics Co Cyclically Adjusted Book per Share Chart

Para Light Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.96 13.61 13.62 13.40 13.11

Para Light Electronics Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.42 13.33 13.14 13.25 13.28

TPE:6226 vs APH, GLW, TEL: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Para Light Electronics Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Para Light Electronics Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Para Light Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Para Light Electronics Co's Cyclically Adjusted PB Ratio falls into.


TPE:6226
53GF Score
Para Light Electronics Co Ltd TPE:6226
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Para Light Electronics Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Para Light Electronics Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=10.941/333.9520*333.9520
=10.941

Current CPI (Jun. 2026) = 333.9520.

Para Light Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.198 241.428 15.489
201612 11.459 241.432 15.850
201703 11.013 243.801 15.085
201706 11.407 244.955 15.551
201709 11.474 246.819 15.525
201712 11.089 246.524 15.022
201803 11.428 249.554 15.293
201806 11.448 251.989 15.172
201809 11.242 252.439 14.872
201812 11.270 251.233 14.981
201903 10.739 254.202 14.108
201906 10.249 256.143 13.362
201909 10.954 256.759 14.247
201912 12.016 256.974 15.615
202003 11.693 258.115 15.129
202006 11.206 257.797 14.516
202009 11.509 260.280 14.767
202012 11.460 260.474 14.693
202103 11.505 264.877 14.505
202106 11.401 271.696 14.013
202109 11.369 274.310 13.841
202112 11.242 278.802 13.466
202203 11.641 287.504 13.522
202206 11.406 296.311 12.855
202209 11.555 296.808 13.001
202212 11.241 296.797 12.648
202303 11.186 301.836 12.376
202306 10.774 305.109 11.793
202309 10.890 307.789 11.816
202312 10.550 306.746 11.486
202403 10.762 312.332 11.507
202406 10.542 314.175 11.206
202409 10.717 315.301 11.351
202412 10.703 315.605 11.325
202503 10.767 319.799 11.244
202506 8.601 322.561 8.905
202509 9.206 324.800 9.465
202512 9.712 324.054 10.009
202603 10.402 330.213 10.520
202606 10.941 333.952 10.941

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of NT$13.28 mean?
Para Light Electronics Co (TPE:6226) has a Cyclically Adjusted Book per Share of NT$13.28 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Para Light Electronics Co and its competitors.
Is Para Light Electronics Co's Cyclically Adjusted Book per Share too high?
Para Light Electronics Co's current Cyclically Adjusted Book per Share is NT$13.28. Overall, Para Light Electronics Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Para Light Electronics Co's Cyclically Adjusted Book per Share compare to APH and GLW?
Para Light Electronics Co's Cyclically Adjusted Book per Share of NT$13.28 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Para Light Electronics Co and its competitors. Para Light Electronics Co's current Cyclically Adjusted Book per Share is NT$13.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Para Light Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Para Light Electronics Co (TPE:6226) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.34, compared to a current price of NT$44.20 — trading 430% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$13.28. Para Light Electronics Co's overall GF Score™ is 53/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Para Light Electronics Co (TPE:6226), the current Cyclically Adjusted Book per Share is NT$13.28 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Para Light Electronics Co (TPE:6226) Overvalued in 2026?

Based on GuruFocus' analysis, Para Light Electronics Co stock appears to be overvalued. The current stock price of NT$44.20 is trading 430% above its estimated GF Value™ of NT$8.34. GuruFocus considers Para Light Electronics Co to be Significantly Overvalued.

Key valuation signals for TPE:6226:

  • Cyclically Adjusted Book per Share: NT$13.28
  • GF Value™: NT$8.34 vs. price of NT$44.20 (430% above fair value)
  • GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the TPE:6226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Para Light Electronics Co Business Description

Address No. 8, Jiankang Road, 11th floor, Zhonghe District, New Taipei City, Taipei, TWN, 23586
Para Light Electronics Co Ltd mainly engage in the manufacture, processing and sale of various LEDs and LED displays. The company's products are Visible LED, SMD LED, UV LED, PLCC LED, IR LED, Display LED, Optical Sensor, Lamp LED, Power Semiconductor, Circuit Board Indicator, Automotive LED, Infrared. The company has three segments: Segment A produces and sells LEDs, materials, and LED-related optoelectronic products; Segment B develops and manages real estate; and Segment C engages in general investment. The company generates majority of revenue from Segment A. It has presence in Asia, America, Europe, and others.
53GF Score

Get the complete analysis for TPE:6226

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$44.20
Price
NT$8.34
GF Value